Responsible lending
Opinion
Opinion
Giving money to your kids? Here’s how to avoid catastrophe
More and more parents are looking at ways to gift their children money while still having enough for themselves.
- by Nicole Pedersen-McKinnon
Latest
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Cost of living
Australia’s generation gap: Default risk rising faster for under 30s
There are signs that higher interest rates and a slowing economy are now taking a disproportionate toll on young Australians.
- by Matt Wade
Shadow bank lending on the rise as big four pull back
Shadow bank lenders are seeing a rise in demand as the traditional banks tighten their loan books to ward against major defaults in commercial property.
- by Carolyn Cummins
Lending strong to high-end commercial property projects
Commercial property loans from traditional banks and non-bank institutions are at record highs despite global market volatility.
- by Carolyn Cummins
Analysis
Home loans
Parents warned about being their kids’ guarantor as property prices fall
Falling house prices and higher interest rates should make parents wary of being on the hook for their child’s mortgage should anything go wrong.
- by John Collett
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Spending
Buy-now-pay-later borrowers rake in cash as families feel financial pinch
Families borrowing from “subprime lenders” are loading up on buy-now-pay-later products and credit card debt just to cover their essentials.
- by Noel Towell
Regulators poised to intervene in Sydney, Melbourne property boom
Sydney and Melbourne home buyers face tougher lending standards within months as house prices in the two largest Australian cities rise hundreds of dollars every day.
- by Jennifer Duke and Shane Wright
IMF calls on regulators to rein in booming Sydney, Melbourne house prices
Australian regulators have been urged to cool the booming housing market, with the IMF warning a property price correction would pose a significant risk to the nation’s economic stability.
- by Shane Wright and Jennifer Duke
Opinion
Block Inc.
Afterpay tells us we’re suckers for the illusion of ‘free’
Markets don’t work in the simple, transparent, what-you-pay-is-what-you-get way assumed by economics textbooks.
- by Ross Gittins
Exclusive
Big four
‘Creating massive uncertainty’: Government told to act on responsible lending laws
Greens senator Nick McKim will move a motion on Monday to get the federal government’s planned changes to lending laws knocked off the notice paper unless it is taken to a vote by the end of the week.
- by Jennifer Duke
One Nation thwarts government plan to ditch responsible lending laws
Pauline Hanson said the government’s plans to roll back responsible lending laws would leave Australians vulnerable to predatory banks.
- by Nick Bonyhady and Clancy Yeates